BlueLinx Holdings Reports Q4 Profit
BlueLinx Holdings Inc. (BXC) posted a fourth-quarter net income of $5.3 million, a turnaround from the loss reported in the same period last year. The company's earnings per share reached 62 cents, or 61 cents excluding one-time expenses and gains.
Revenue for the quarter was $710.6 million. For the full year, BlueLinx reported a profit of $53.1 million, or $6.19 per share, on revenue of $2.95 billion.
BlueLinx shares have declined modestly since the start of the year, down чуть over 2%. At market close on Tuesday, shares traded at $99.70, marking a 19% decline in the last 12 months.